tomo logo

$289,000

Beds
2
Baths
2.0
sq ft
1,421

622 Cherrywood Dr, Englewood, FL 34223

622 Cherrywood Dr

ENGLEWOOD, FL 34223

  • 56 days on market
CHRISTMAS GIFT TO PROSPECTIVE BUYER FROM SELLER: 1 YEAR HOA FEES PAID AT CLOSING FOR A PURCHASER WITH A SIGNED CONTRACT BEFORE 1/15/2025. WELCOME TO RESORT/RETIREMENT LIVING IN THE FANTASTIC COMMUNITY OF FOXWOOD. WHETHER PART-TIME OR FULL-TIME, THIS OVER 55 COMMUNITY WON'T DISAPPOINT YOU AND THE BONUS IS A FREE-STANDING RESIDENTIAL HOME IN AN X500 FLOOD ZONE - NO FLOOD INSURANCE REQUIRED, NEW IMPACT WINDOWS, NEW ROOF, BRAND NEW LUXURY VINYL FLOORING THROUGHOUT, FRESHLY PAINTED INTERIOR , FRESHLY PAINTED EXTERIOR, AND FULL SCREEN ON GARAGE DOOR ADDING ANOTHER SPACE FOR WORKING ON CRAFTS, WOODWORKING, OR JUST ENJOYING THE FRESH AIR. THE GREENSPACE BEHIND YOU AND THE COURTYARD ON THE SIDE ADD PRIVACY WHEN YOU ARE ENJOYING YOUR OUTDOOR AREA. When you enter through the spacious screened-in front porch, you will feel right at home The spacious foyer spreads out the interior of the home - to the left a large eat-in kitchen with plenty of cabinetry and counters plus an extra counter when needed, a pantry and a large area for a table and chairs away from the work area. The side door takes you into a private courtyard and patio area. To the right of the foyer, you have a guest bedroom and bath. If you head straight, you will find an exquisite dining room with plenty of room for a table that would hold a large family gathering or friends. Patio doors open onto a greenspace area. From the dining room, you enter into the living room. There is a pass through from the kitchen to readily hand out snacks. On the back of this home, there is a sunroom. The full wall of windows looks onto the greenspace behind. The primary bedroom and ensuite are also at the back of this home The full sreen on the garage door allows for a nice flow of fresh air and sunlight into the garage area. The workshop area in the garage is perfect for the handyman or craft enthusiast. This is a fantastic community that offers so much to its members. There is a large clubhouse for gatherings with a full kitchen, pool tables, a library and exercise equipment. Outside, you have a great pool and pool area both in the sun and shaded, tennis, bocce ball, pickle ball, shuffleboard, a hot tub or sit by the side of the lake and enjoy nature. This active group of seniors has a list of activities and clubs you can enjoy. Golf carts are welcomed as a means of transportation around the neighborhood. This neighborhood is just minutes to five beaches, shopping, medical care and many good restaurants! Don't miss this great property! It definitely is a gem!

Details

Property type

Single Family Residence

Est. home value

$296,721

Lot size

Unknown

Price per sq ft

$204

Year built

1987

Annual property taxes

$3,028.07

HOA

Yes

Price History

10/28/2024
StellarMLS

StellarMLS #D6138650

Listed
$289,000
+7.04%
07/30/2024
StellarMLS

StellarMLS #D6128800

Removed
$270,000
05/17/2024
StellarMLS

StellarMLS #D6128800

Price change
$270,000
-3.57%

Schools & Community

Elementary school: 

Englewood Elementary

Middle school: 

L.A. Ainger Middle

High school: 

Lemon Bay High

Community features: 

Clubhouse, Pool, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$227,477
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$38,403
Cash to seller
$227,477

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

August 2016

Original loan amount

$47,000

Est. remaining balance

$38,403

Interest rate

3.48%

Loan type

New Conventional, 30 year

Seller

Peter M Nichols and Brenda L Nichols

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 1:00 PM

Listing updated: 12/16/2024 at 4:00 PM

Listed by: Andrea Barber, BRETT BARBER & COMPANY REAL ES Phone #: (941) 474-7121

MLS: StellarMLS #D6138650

StellarMLS logo

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